Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32632. (Read 26629202 times)

legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
what do you all make of this dead cat bounce, are we going down again or up?

The whole downturn was triggered by two 5k-6k dumps while the climb back up was accomplished through many small trades on moderate volume.

I think it's too early to call it either a dead cat bounce or a bear trap.
sr. member
Activity: 354
Merit: 251
coinorama.net
I think it's fake, unfortunately.

This link shows the same page:

http://edccdn.com/bitcoin/

I don't know "edccdn" could easily be "Ebay Deals Co, Content Delivery Network".  Registered godaddy, located in usa.

And on the site, we also have:
http://edccdn.com/tabletdebate/
http://www.edccdn.com/thanksgiving/gt/gourmetthanksgiving.html
http://www.edccdn.com/craftyholiday/

Its just too eclectic -- just like it would be if it was a dumping ground for media associated with a blog.  But of course this is just a blog -- it is implicitly the opinion of the blog author and not really representative.  So I don't think its fake (in the sense that it won't get anyone fired at ebay deals) I just think its probably just a semi-internal drop-box type site.  And best case, it just says that a few people in a very large company are interested in bitcoin.


In case nobody checked out yet, edccdn.com resolves to an IP owned by secureserver.net
Code:
$ host edccdn.com
edccdn.com has address 50.62.68.1

$ host 50.62.68.1
1.68.62.50.in-addr.arpa domain name pointer p3nlhg464c1464.shr.prod.phx3.secureserver.net

That doesn't look very ebay-ish to me...  Cry
legendary
Activity: 1204
Merit: 1002
Gresham's Lawyer

Not that it matters, but to be clear, I am a Critical Marxist.

Which means I don't play fair.

Taking into account that, among other many things, the very meaning of the world capitalism (=private ownership of means of production) was defined by Marx in "The Capital", its simply a shame that almost nobody under 50 has read that work. You really cannot understand the history of the last 200 years without having read it.

Am under 50 and read it, but would recommend Carl Menger over Karl Marx for purposes of understanding.
Though both is better.
hero member
Activity: 686
Merit: 500
Ultranode
If Marx were alive today, he would be forced to admit that the proletariat turned out to be a bunch of pussies who relish alienating labor.
legendary
Activity: 1232
Merit: 1011
let's get back on topic rather then mere speculation about paypal using bitcoin

what do you all make of this dead cat bounce, are we going down again or up?

big sales on bitstamp.

no depth, someone tried to pump the price.

I would say down.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
let's get back on topic rather then mere speculation about paypal using bitcoin

what do you all make of this dead cat bounce, are we going down again or up?
hero member
Activity: 509
Merit: 500
Can't upload avatar
When I got the voicemail that was my first concern. I assumed this was a follow up to the locking oft PayPal account and funds being held. I called my friend who introduced me to PayPal in late 2011. I told him that I didn't know if I felt comfortable with making a call like this to discuss a matter that had been settled. He said a call wouldn't hurt.

What do you mean by that? That you didn't know what paypal is before late 2011? Or?

I don't know, edccdn.com registered privately at godaddy, 2 links in, alexa rank 18.000.000 with 3 recipes and a biotcoin article.

Can somebody from US please call them or at least ask at facebook or twitter.
legendary
Activity: 1148
Merit: 1018

Not that it matters, but to be clear, I am a Critical Marxist.

Which means I don't play fair.

Taking into account that, among other many things, the very meaning of the world capitalism (=private ownership of means of production) was defined by Marx in "The Capital", its simply a shame that almost nobody under 50 has read that work. You really cannot understand the history of the last 200 years without having read it.

I have read it.

And Marxism, and Capitalism have moved on.

So... You are a capitalist marxist? Wow, that would be a nice evolution indeed Wink
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
legendary
Activity: 1148
Merit: 1018

quite exactly, and fuck OT, everyone must have watched this at least once:


Living Utopia (The Anarchists & The Spanish Revolution)


Nice doc. indeed, I've watched it at least 5 times. I strongly recommend you the following book by the british historian Kelsey Graham:

Anarchosyndicalism, Libertarian Communism and the State: The CNT in Zaragoza and Aragon, 1930-1937

It's the deepest and more precise account of what happened in Aragón during the anarchist revolution, and it's written in that meticulous, thorough, cold and objective style that only British historians can achieve Wink
legendary
Activity: 1246
Merit: 1010
I think it's fake, unfortunately.

This link shows the same page:

http://edccdn.com/bitcoin/

I don't know "edccdn" could easily be "Ebay Deals Co, Content Delivery Network".  Registered godaddy, located in usa.

And on the site, we also have:
http://edccdn.com/tabletdebate/
http://www.edccdn.com/thanksgiving/gt/gourmetthanksgiving.html
http://www.edccdn.com/craftyholiday/

Its just too eclectic -- just like it would be if it was a dumping ground for media associated with a blog.  But of course this is just a blog -- it is implicitly the opinion of the blog author and not really representative.  So I don't think its fake (in the sense that it won't get anyone fired at ebay deals) I just think its probably just a semi-internal drop-box type site.  And best case, it just says that a few people in a very large company are interested in bitcoin.

Anyway, I'd join a conf call with this guy, but we should come up with some reasonable questions... Obviously he's not going to know (or if he did would not tell us) ebay/paypal's complete bitcoin rollout strategy and timeline. :-)  But at the same time, maybe I'm not the right guy b/c its not like I am running a bitcoin startup or something...



sr. member
Activity: 516
Merit: 283
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1148
Merit: 1018

Not that it matters, but to be clear, I am a Critical Marxist.

Which means I don't play fair.

Taking into account that, among other many things, the very meaning of the world capitalism (=private ownership of means of production) was defined by Marx in "The Capital", its simply a shame that almost nobody under 50 has read that work. You really cannot understand the history of the last 200 years without having read it.
hero member
Activity: 686
Merit: 500
Ultranode


Not that it matters, but to be clear, I am a Critical Marxist.

Which means I don't play fair. I am a pretentious and snobby asshole.


fixed, comrade.
legendary
Activity: 1666
Merit: 1010
he who has the gold makes the rules
apparently btce is now accepting USA wires... which means that btce and bitstamp price should converge soon
legendary
Activity: 1764
Merit: 1007

Sorry, but no.

Anarcho-syndicalism = workers control the means of production. You work in a factory - you control directly the production process, you participate directly in the decision making and you OWN the fruit of your labour.

Communism = social ownership of means of production. It might seem similar, but its not at all - as a worker you do not "own" the means of production nor the fruits of your labour in a communist system, the "society" does, which basically means that the State owns them. That's why Bakunin said communism was going to be "the biggest lie of the Century", and it even said communism was just a form of "state capitalism", as the worker did not control the means of production nor the fruit of his labour. An exception would be Pannekoek's council communism, which was totally opposed to russian bolshevism, and was in many ways much closer to Kropotkin's and Bakunnin's anarcho-communism.

And again: Bitcoin is just a currency, and it has no political sign - but saying is "anarcho-syndicalist" is simply wrong. Most of original anarchists (or "left" anarchists, as some would say, especially in the US) wouldn't even use money as we know it (an exception would be Proudhon's mutualism), in fact during the most relevant anarcho-syndicalist experience in history (Aragón, Spain: 1930-1938) the "Peseta" of the Spanish Republica was not used at all. They had no currency nor legal tender, they just seldomly issued their own "money" which were just vouchers or IOU's with very specific uses. And BTW: anarcho-syndicalism is just a WAY or STRATEGY to reach "anarchy", or "anarcho-communism" or "libertarian communism", as many US folks like to name them to distinguish them from their very own, ill-named "anarcho-capitalism")

Fascinating experience BTW (the one in Aragón), it was a pity that both the spanish fascists and the KPSS (Russian communists) joined forced to crush what could have been one of the most relevant and game-changing revolutions in Europe's history.

Sorry of the OT, folks.







quite exactly, and fuck OT, everyone must have watched this at least once:


Living Utopia (The Anarchists & The Spanish Revolution)
legendary
Activity: 1106
Merit: 1026
When I called back Mike was very nice. He stated that I have sold a lot of Bitcoin on eBay and wanted to know my experience with it and was it positive.

(...)

He mentioned that they were considering policy changes to allow it to be sold but he stated that "we can't ask our user to register with Fincen" I agreed its too costly.

Michael Carson's duties at Ebay (taken from his Linkedin profile):

Quote
- Responsible for developing and implementing policies to effectively manage regulatory, industry and brand risks.
- Interface with third parties, including government officials, law enforcement, trade groups and individual companies.

Sweet Cheesy

This is not about Bitcoin integration, but defining a clear policy about selling and buying Bitcoin on eBay, I think.

I assume eBay is kinda liable for what is listed there. Just some brainstorming.. people sell Bitcoin on eBay -> eBay is a plattform to purchase Bitcoin -> eBay might be considered as MSB or whatever. << I'm sure it's not like this at all, but ... I hope you get the point. Wink

Anyway, this is still great news. People working at eBay are infected with the Bitcoin idea. Today it's about policies, tomorrow might be about integration.
legendary
Activity: 1148
Merit: 1018
Nah. Bitcoin is too Communist for eBay.

Tell that to the libertarians here Wink
It seems very capitalistic to me.  As with any other currency, there's a small number of people with huge stashes ruining things for everyone else, such as by dirty tricks like dumping about 25000BTC onto a rising market last night, and manipulating the price with huge ask/bid walls.

Its not communist or capitalist - its just a currency. It is for sure a demon for Keynesianists, which usually label themselves as "left wing economists", as the ability to inflate the currency is a must for the Keynesianist "stimulus strategy" in crisis times, which is a central point of Keynesianism.

That said, a communist government would never accept a national currency they cannot fully control - on the contrary, libertarian capitalists or more generially austrian echonomy followers would embrace it with joy.

Anyhow, I can see anarchists/communists/anti-capitalists supporting Bitcoin just because is a "bank killer", and right now the financial elites are the ones ruling the world, so we could say that Bitcoin could turn upside down the current status quo, which might be a desiderable intermediate step for communists/anarchists/anti-capitalists in general. Bitcoin would never been the end goal for anti-capitalists, but it could be a first step to radically change the power balances in the world.

Who owns Bitcoin?

It is Anarcho Syndicalist.

Communism simply means that workers control the means of production, instead of a State (Nationalism), or rentiers (Capitalism).

Communism isn't a dirty word. Get over it.

And Keynsian economics just means that you have a bigger toolbox, it does not preclude other economic systems.

Sorry, but no.

Anarcho-syndicalism = workers control the means of production. You work in a factory - you control directly the production process, you participate directly in the decision making and you OWN the fruit of your labour.

Communism = social ownership of means of production. It might seem similar, but its not at all - as a worker you do not "own" the means of production nor the fruits of your labour in a communist system, the "society" does, which basically means that the State owns them. That's why Bakunin said communism was going to be "the biggest lie of the Century", and it even said communism was just a form of "state capitalism", as the worker did not control the means of production nor the fruit of his labour. An exception would be Pannekoek's council communism, which was totally opposed to russian bolshevism, and was in many ways much closer to Kropotkin's anarcho-communism.

And again: Bitcoin is just a currency, and it has no political sign - but saying is "anarcho-syndicalist" is simply wrong. Most of original anarchists (or "left" anarchists, as some would say, especially in the US) wouldn't even use money as we know it (an exception would be Proudhon's mutualism), in fact during the most relevant anarcho-syndicalist experience in history (Aragón, Spain: 1930-1938) the "Peseta" of the Spanish Republica was not used at all. They had no currency nor legal tender, they just seldomly issued their own "money" which were just vouchers or IOU's with very specific uses.

Fascinating experience BTW, it was a pity that both the spanish fascists and the KPSS (Russian communists) joined forced to crush what could have been one of the most relevant and game-changing revolutions in Europe's history.

Sorry of the OT, folks.






You can find those definitions variously applied by your choice of authority. It does not detract from my point, which is that eBay has no intention of empowering any sort of democratic, actually PtoP, technology without the ability to insert their very heavy hand. Their recent activity with Mailpile is just one indication of this.

My choice of authorities regarding anarchism and communism are Marx, Engels, Pannaekok, Trotsky, Lenin, Gramsci, Bakunin, Proudhon, Kropotkin, Rudolf Rocker, Diego Abad de Santillana and a long etcetera, and they all agree on the definitions. Oh, and they also agree on being anti-capitalists... And finally, they also agree that for a total liberation money needs to cease to exist. For bolshevics, that would happen in the "final" stage of the revolution (anarchy or libertarian communism). For anarchists, from the very first moment. That's why stating that a currency (BTC) is "communist" or "anarcho-syndicalist" (which BTW is just a strategy to reach anarcho-collectivism) is quite strange.
legendary
Activity: 1176
Merit: 1001
Anyway, i've haven't been so much bullish since April.
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